Artificial intelligence is causing a revolution in business, but how should boards respond to the implications of technologies they don’t understand? The answer is to take an ethical approach and ensure human accountability.
Questions about the ethics of data use have provoked intense debate. Can artificial intelligence be governed to avoid exploiting the vulnerable?
Cambridge Analytica harvested the data of 50 million Facebook users to help swing the US presidential election, but amid the trend for corporate governance ‘narratives’, did Facebook’s directors forget the chapter on ethics?
New York City pension fund overseer urges Facebook chairman Mark Zuckerberg to quit, as part of cleansing itself after the Cambridge Analytica data leak.
Reports suggest the data protection controversy that wiped billions from the market value of Facebook is now considered an ESG issue for fund managers.
The scandal over what happened to Facebook user data by Cambridge Analytica illustrates that companies still struggle with core questions about how data can and cannot be used.
Better reporting is needed to support “long-term” investment, says the UK government, but it is criticised for failing to mention human capital in its long-anticipated Industrial Strategy.